Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Senate News
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Lawmakers in the US Senate will reportedly move forward with a vote on the GENIUS stablecoin bill before the Memorial Day holiday.
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The US President plans to host a private dinner for the top 220 holders of his TRUMP memecoin.
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Warren said the President has no legal authority to fire Powell, but added that she doesn't trust the President to uphold legal tradition.
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The bill aims to set regulatory standards for crypto firms operating in the state and curb "deceptive practices" associated with recent memecoin scams.
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Bills regulating stablecoins and a potential digital dollar moved out of the US House Financial Services Committee after a late-night vote.
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US lawmakers in the Senate Banking Committee voted to advance four of President Donald Trump's picks for crucial government positions, including prospective SEC chair Paul Atkins.
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MARA Holdings and the head of digital assets research at VanEck endorsed the FLARE Act proposed by Texas Senator Ted Cruz on April 1.
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Senator Tommy Tuberville introduced the Financial Freedom Act in 2022 and 2023. Both times, the legislation failed to get out of committee.
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The Louisiana lawmaker demanded that the Securities and Exchange Commission ensure that two standards of law don’t exist in the US.
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Paul Atkins did not directly answer senators’ questions on who might purchase his consulting firm if he were confirmed to the SEC.
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US President Donald Trump is expected to sign off on a resolution undoing a rule that requires DeFi protocols to report to US tax authorities.
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North Carolina lawmakers have introduced twin bills in the House and Senate which could see up to 5% of crypto assets allocated to state retirement funds.
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It comes on the same day Oklahoma’s Strategic Bitcoin Reserve Act passed the State House of Representatives, bringing a reserve one step closer to potential enactment.
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Executive orders can be repealed by future US presidential administrations just as quickly and easily as they were established.
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